CORNWALL LEUKAEMIA TRUST ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2021
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| Trustees' | Annual Report |
1-3 | |
| Independent Examiner's |
Report | ||
| Statement | of Financial | Activities | |
| Balance Sheet | |||
| Notes to | the Accounts | 7-9 |
| TRUSTEES' ANNUAL REPORT | TRUSTEES' ANNUAL REPORT | |||||||||||||
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| YEAR ENDED 31 DECEMBER 2021 | ||||||||||||||
| Reference and administrative | information | |||||||||||||
| Charity Commission | registered | number: | 281979 | |||||||||||
| Address: | Haematology Department |
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| Royal Cornwall Hospital (Treliske) |
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| Truro | ||||||||||||||
| TR1 3LJ | ||||||||||||||
| Trustees: | Dr A R Kruger (Chairman) Dr D Tucker (Honorary Secretary from 1 Dr M D Creagh (Honorary Secretary until |
July 2021) 30June 2021) |
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| DrJ Murrell | ||||||||||||||
| Mr A Francis (resigned 18November | 2021) | |||||||||||||
| Dr A Forbes | ||||||||||||||
| Dr BPottinger | ||||||||||||||
| Dr J Blundell (resigned 13August 2021) |
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| Dr M Furtado | ||||||||||||||
| Mrs S Francis (resigned 18November | 2021) | |||||||||||||
| Mr G Wolstencroft (Treasurer) |
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| Mr N Vincent | ||||||||||||||
| Mr J Botfield (resigned 18November 2021) Mrs C Edwards (resigned 18 November 2021) |
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| Mrs L Retallick-Schmid | ||||||||||||||
| Professional | advisors: | |||||||||||||
| Bankers | Barclays Bank pic | |||||||||||||
| Investment Accountants |
managers | Brewin Dolphin Francis Clark LLP Chartered Accountants |
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| Independent | examiner | MrA J Fry | ||||||||||||
| Structure, | Governance | and | Management | |||||||||||
| Governing | document: | Constitution adopted 30" January 27'"January 1983. |
1981, | as | amended | |||||||||
| The power of appointing | new trustees | is vested | in | the | ||||||||||
| existing trustees, subject | to certain restrictions | set | out in | |||||||||||
| the constitution. | ||||||||||||||
| The purposes, in the context of running |
the | Cornwall | ||||||||||||
| Leukaemia Trust, are |
carried out |
by the | board | of | ||||||||||
| trustees, comprised of |
lay members | and | those | from | ||||||||||
| allied health professions, |
appointed | by | the Board, | with | ||||||||||
| offices ofchairperson, honorary secretary and |
honorary | |||||||||||||
| treasurer. | ||||||||||||||
| Objectives | and Activities | |||||||||||||
| Objects: | The Cornwall Leukaemia Trust was support patients (and their families) |
founded in 1981to with leukaemia and |
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| other blood related illnesses. |
| YEAR ENDED 31 | DECEMBER 2 | 021 | |
|---|---|---|---|
| Unrestricted | funds | ||
| 2021 | 2020 | ||
| Income from: Donations Gift Aid Investment income |
6,440 404 20,599 |
7,975 693 19,568 |
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| Total | 27,443 | 28,236 | |
| Expenditure on: |
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| Charitable activities |
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| Patient grants Sundry expenses Website expense Professional charges Salary contribution Training/Course fees Honorarium Donation |
29,409 7 270 11,000 26,873 1,735 500 158 |
10,181 172 2,042 10,325 15,350 500 50,000 |
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| Total | 69,952 | 88,570 | |
| Net (expenditure) | (42,509) | (60,334) | |
| Other recognised gains and losses |
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| Unrealised and realised gains/(losses) on investment assets |
91,365 | (3,639) | |
| Net movement in funds |
48,856 | (63,973) | |
| Fund balance brought forward at 1 January | 2021 | 887,354 | 951,327 |
| Fund balance carried forward at 31 December 2021 | 936,210 | 887,354 |
| Listed Investments | Listed Investments | |||||||
|---|---|---|---|---|---|---|---|---|
| 840,464 | ||||||||
| 47,522 | ||||||||
| (66,702) | ||||||||
| 91,365 | ||||||||
| Market value | at 31 December | 2021 | 912,649 | |||||
| The cost ofthe | investments | at | 31December 2021 amounted | tof695,457(2020 —f689,506 | ||||
| The individual | market values | ofthe investments | were: | |||||
| 2021 | 2020 | |||||||
| E | E | |||||||
| Insight Inv. UK |
Government | 14,832 | 15,760 | |||||
| Royal Dutch | Shell | 17,441 | 18,576 | |||||
| BHP Billiton | 10,887 | 13,475 | ||||||
| Glaxosmithkline | 20,564 | 17,178 | ||||||
| Abrdn UK Smaller |
Companies | Trust Plc | 10,796 | |||||
| Artemis US |
30,555 | 24,899 | ||||||
| Dodge 8 Cox | 16,182 | 12,169 | ||||||
| JP Morgan US | Equity Income | 62,270 | 69,167 | |||||
| Aviva —UK US Equity | 18,982 | 15,753 | ||||||
| Allianz Global | 19,241 | 20,467 | ||||||
| First Sentier | 22,138 | 19,664 | ||||||
| Jupiter | 14,623 | 14,989 | ||||||
| Fidelity UCITS | ICAV | 25,689 | ||||||
| Aegon AM | 14,443 | 15,174 | ||||||
| Muzinich | 13,950 | 14,284 | ||||||
| PIMCO Global | 18,875 | 19,514 | ||||||
| Premier Portfolio | Multi Cap | 11,792 | 21,878 | |||||
| BNY Mellon | Fund | 13,806 | 14,243 | |||||
| BNY Mellon | Fund: Global | 13,802 | 12,243 | |||||
| Fidelity European | Fund | 10,556 | ||||||
| Relx PLC | 12,130 | |||||||
| Henderson | 19,470 | 19,701 | ||||||
| Ferguson | 16,512 | 16,435 | ||||||
| Rio Tinto | 17,122 | 19,145 | ||||||
| 3I Group | 23,025 | 18,401 | ||||||
| Diaego | 19,978 | 14,246 | ||||||
| Experian | 15,981 | 15,829 | ||||||
| Fil Inv | 14,247 | 14,908 | ||||||
| Findlay Park | 28 154 | 22 031 | ||||||
| 548,043 | 480,128 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Ninety One Managers | Diversified | Income | 14,851 | 15,188 | |||
| IMI | 10,555 | ||||||
| Legg Mason | 16,781 | 12,820 | |||||
| MBG UK | 11,024 | 10,801 | |||||
| Morgan Stanley Investment | Management: | Asia | 19,122 | 23,767 | |||
| National Grid TR Property SSGA Schroder |
11,976 19,384 25,980 15,970 |
9,775 16,190 20,972 14,848 |
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| Unilever | 12,231 | 13,615 | |||||
| Baillie Gifford American JP Morgan AM UK JP Morgan Global Emerging |
Fund | 22,096 11,965 10,545 |
22,657 11,357 10,618 |
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| Legal and General | 11,484 | 10,275 | |||||
| Lindsall Train Premier Portfolio European |
16,042 16,521 |
16,098 14,336 |
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| Twenty Four Global Others less than F10,000 |
19,709 98,370 |
20,580 116,438 |
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| 912,649 | 840,464 | ||||||
| 3. | CREDITORS | ||||||
| 2021 | 2020 | ||||||
| E | E | ||||||
| Accruals | 4,309 | 4,071 | |||||
| 4,309 | 4,071 |